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The city has again proven to have a resilient economy, with better than budgeted revenues, said Howard Cure, a partner and director of municipal bond research at Evercore Wealth Management LLC.
March 5 -
Anong other things, Comptroller Susana Mendoza says the portal serves as a receipt for spending that should be reimbursed by the federal government.
February 27 -
The upcoming fiscal 2025 budget will take "some first steps" to address a structural gap of about $158 million, Melissa Dubowski said.
February 14 -
As Texas' governor starts busing migrants to Illinois suburbs, social services agency and public safety budgets are likely to see some strain.
February 12 -
"There's a reason Guam is investment grade," said Muni Credit News Publisher Joseph Krist.
February 5 -
With its cash balance eroding due to a budget imbalance, the university, under the watchful eye of Arizona's governor, will undergo system-wide changes.
January 31 -
The Municipal Securities Rulemaking Board's 2023 audited financial statement shows the board collected an additional $19 million in revenue as compared with the 2022.
January 17 -
"Some have called on us to use our rainy-day fund to cover asylum seeker needs. We do not agree and neither do our city and state comptrollers as well as the bond rating agencies and fiscal experts," said NYC Mayor Eric Adams.
January 17 -
The 2025 state budget would provided $2.4 billion to New York City to pay for the costs of caring for a rising influx of migrants, which includes taking $500 million from reserves.
January 16 -
The Municipal Securities Rulemaking Board is coming under fire from broker-dealer and municipal advisor groups for what those groups see as an opaque process.
January 4